Thursday is last day to exchange old notes at public utilities

Scrapped currency notes can now only be either deposited or exchanged at banks till December 30

GN Bureau | November 24, 2016


#Demonetisation   #old notes   #Rs 500   #Rs 1000   #currency   #black money   #exchange  


After prime minister Narendra Modi announced demonetization on November 8, people were allowed to use the old currency notes at government hospitals, railway ticketing, public transport, airline ticketing at airports, milk booths, crematoria/burial grounds and petrol pumps.

Later, this list was expanded to include payments for metro rail tickets, highway and road toll, purchase of medicines on doctor prescription from the government and private pharmacies, LPG gas cylinders, railway catering, electricity and water bills and ASI monument entry tickets.

The exemption was granted till November 24.

The scrapped currency notes can now only be either deposited or exchanged at banks till December 30.

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